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Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and ...
Scale said late on Thursday that the deal values it at $29 billion and its CEO Alexandr Wang will join Meta to play a ...
Image Source: Zacks Investment Research The options market ... That said, many investors underestimate companies like Meta, which leverage AI in unique ways. For instance, META has integrated ...
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.